Riding a bicycle is a good mode of transportation and a great activity for exploring new places. Businesses that rent bikes or operate bike tours have unique exposures. A simple bodily injury claim from a customer riding your bike can derail your business. Having bicycle tour and rental insurance provides the financial protection companies need to keep the business on the right track.
Veracity is a leading provider of insurance for business owners who offer bicycle tours and bike rental services. With customizable policies and an underwriting process that is quick and efficient, Veracity is your solution for Bicycle Tour or Rental Insurance.
- $1,000,000/$2,000,000 General Liability Limit
- Occurrence Form
- New Ventures Acceptable
- $25 Million Excess Limits Available
- Additional Insured Endorsement Available
- Building Coverage
- Business Personal Property
- Inland Marine Coverage
- Customizable Policy
- Primary or Excess Coverage
- Flexible Limits & Deductibles
- MP - $2,000
Why Bicycle Tour And Rental Insurance?
In February 2014, a man sued New York City and the private owners of a bicycle renting and sharing program after he crashed the bike. In the suit he claims the crash injured a nerve in his brain, causing him to lose his sense of taste and smell. His $15 million lawsuit is still ongoing.